Walchandnagar Industries Ltd — Board/Management Information 2024

Jun 17, 2024

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Ref. No. : WIL: SEC: 2024 Date : June 17, 2024

National Stock Exchange of India Ltd. Corporate Action Department Exchange Plaza, 5th floor, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (East) Mumbai 400 051. Fax :26598237/38, 66418126/25/24 SCRIP CODE : WALCHANNAG

BSE Ltd. Corporate Relations Department 1st floor, New Trading Ring, Rotunda Bldg P.J. Tower, Mumbai 400 001. Fax:: 22723121/2039/2037 SCRIP CODE : 507410

Dear Sir(s),

Sub: Intimation for appointment of Senior Management Personnel

Ref.: Disclosure under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pursuant to Regulation 30 read with Para A(7) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform you that on the basis of recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company vide Circular Resolution passed today i.e. June 17, 2024, approved the appointment of Mr. Prabhat Kumar as an Additional Director in the capacity of Non-Executive Independent Director of the Company with effect from June 17, 2024, not liable to retire by rotation, for a first term of five consecutive years, subject to the approval by the Members of the Company.

In accordance with the circular dated June 20, 2018, issued by the Stock Exchanges, it is confirmed that Mr. Prabhat Kumar is not debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India (SEBI) or any other such authority.

The appointment shall be subject to the approval of Members at the next general meeting of the Company and in compliance with Regulation 17(1C) and Regulation 25(2A) of the Listing Regulations and the relevant provisions of the Companies Act, 2013.

Details with respect to the said appointment as required under Regulation 30(6) read with Para A (7) of Part - A of Schedule III of the SEBI Listing Regulations and SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13[th] July 2023 are provided in Annexure I to this letter.

This intimation is also being uploaded on Company’s website and can be accessed at www.walchand.com.

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This is for your information and record.

Thanking you,

Yours faithfully,

For Walchandnagar Industries Ltd.,

GIRIRAJ Digitally signed by GIRIRAJ SHARAN SHARAN AGRAWAL Date: 2024.06.17 AGRAWAL 16:16:51 +05'30' G. S. Agrawal Whole Time Director & Company Secretary DIN: 00404340

Encl: As above

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Annexure I

Details with respect to appointment of Additional Director in the capacity of Non-Executive Independent Director under Regulation 30(6) read with Para A (7) of Part A of Schedule III of the Listing Regulations and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023:

Appointment of Mr. Prabhat Kumar as the Additional Director in the capacity of Non-Executive – Independent Director

S. No.		Particulars	Description
1		Reason for change viz. appointment, ~~resignation,~~ ~~removal,~~ ~~death~~ ~~or~~ ~~otherwise~~	The Board of Directors, on the basis of recommendation of the Nomination and Remuneration Committee, approved the appointment of Mr. Prabhat Kumar as an Additional Director in the capacity of Non-Executive Independent Director of the Company, not liable to retire by rotation, for a first term of five consecutive years, subject to the approval by the Members of the Company, vide Circular Resolution today i.e. June 17, 2024.
2		Date of appointment/~~resignation~~ &~~term of appointment.~~	June 17, 2024
3		Brief profile (in case of appointment)	Mr. Prabhat Kumar (DIN: 00001683) comes with a rich experience of around 4 decades in the nuclear domain wherein he has worked for thermal nuclear reactors, fast-breeder reactors and fusion reactor. He has done Mechanical Engineering and is a Fellow Member of the Indian National Academy of Engineers, Indian Institute of Non-Destructive Testing and Indian Institute of Welding. He has also done PhD on Mega Project Management. Before joining Walchandnagar Industries Limited, he was associated and held the position of Chairman and Managing Director of Bhartiya Nabhikiya Vidyut Nigam Limited (BHAVINI) during 2012 to 2014 and prior to this, he held various positions in NPCIL, ITER and BHAVINI. The detailed profile is enclosed herewith for information of the members.

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4 Disclosure of relationships between Mr. Prabhat Kumar is not related to any directors (in case of appointment of a Director of the Company director).

For Walchandnagar Industries Ltd.,

GIRIRAJ Digitally signed by GIRIRAJ SHARAN SHARAN AGRAWAL Date: 2024.06.17 AGRAWAL 16:23:09 +05'30' G. S. Agrawal Whole Time Director & Company Secretary DIN: 00404340

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